Leave a comment

Imagine lawmakers who don’t follow the law

For the whole article:“WASHINGTON – Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation’s largest lenders, the official who handled their loans has told Congress in secret testimony.

Both senators have said that at the time the mortgages were being written they didn’t know they were getting unique deals from Countrywide Financial Corp., the company that went on to lose billions of dollars on home loans to credit-strapped borrowers. Dodd still maintains he got no preferential treatment.

Dodd got two Countrywide mortgages in 2003, refinancing his home in Connecticut and another residence in Washington. Conrad’s two Countrywide mortgages in 2004 were for a beach house in Delaware and an eight-unit apartment building in Bismarck in his home state of North Dakota.

Robert Feinberg, who worked in the Countrywide’s VIP section, told congressional investigators last month that the two senators were made aware that “who you know is basically how you’re coming in here.”

“You don’t say ‘no’ to the VIP,” Feinberg told Republican investigators for the House Oversight and Government Reform Committee, according to a transcript obtained by The Associated Press.

The next day, Feinberg testified before the Senate Ethics Committee, an indication the panel is actively investigating two of the chamber’s more powerful members:”

I am not sure how we can keep voting crooks into office except for the principle that power corrupts and absolute power corrupts absolutely. The people we put into power positions and then trust as if they were Gods who could never mislead or lie, are not good or strong enough to resist the temptations of getting rich, powerful, famous and all the perks of those abuses. We are being lazy to expect one election every 2, 4 or 6 years to be all we need pay attention to. All the important issues are not the ones these corrupt politicians will talk about. There are many more important issues that need discussion in political debate, than the ones our subservient press allows into official debates. The few political candidates allowed into debates are not the best available but the richest and most powerful. Lets start electing the best men of impeccable morality, into office at all levels of public service. Lets also take away all the profit motive of excess benefits and pay for a few months and years of not serving in office.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: